ARAB TIMES – KUWAIT NEWS THE FIRST ENGLISH LANGUAGE DAILY IN FREE KUWAIT الكويت
KUWAIT CITY, Feb 12: The Ministry of Public Works had put on hold the bidding for the Fifth Ring Road project following a major controversy …
Read More »Project bidding for 5th Ring Road delayed
Business
Minister of Commerce supports ‘homegrown’ industrial projects
Amir extol KCCI chief on honorary ABC post One of the participants in expo ‘Maker Faire’ KUWAIT CITY, Feb 11, (KUNA): Kuwaiti made projects dealing …
Read More »Finance Minister, London Lord Mayor discuss ‘boosting’ ties
‘Govt, investors have role in achieving net-zero economy’ Finance Minister and Acting State Minister for Economic Affairs Mariam Al-Aqeel KUWAIT CITY, Feb 11, (KUNA): Kuwaiti …
Read More »Saudi company takes 25% stake in Kuwaiti-owned JOLT cafe
KUWAIT CITY, Feb, 10 : An undisclosed Saudi company has acquired 25 percent ownership of JOLT café which is owned by a group of young …
Read More »CBK reduces interests’ rate structure
KUWAIT CITY, Feb 10: The Central Bank of Kuwait has reduced the interests’ rate structure for liquidity management tools, reports Al-Qabas daily quoting informed sources …
Read More »Some local banks adopt new strategy to ‘court’ depositors
Interest waived on a third of loan granted KUWAIT CITY, Feb 10: Some banks have recently adopted a new strategy what it called ‘credit courtship’ …
Read More »The Ministry of Interior to float tender for fuel cards
KUWAIT CITY, Feb 9: The Ministry of Interior will float a tender for the supply of fuel cards (gasoline cards) that is worth 9.6 million …
Read More »Decline seen in KPC investment profits
KUWAIT CITY, Feb 9: A government document showed decline in profits from the investment portfolio of Kuwait Petroleum Company (KPC) by $1.049 million – 72.8 …
Read More »OPEC plus, what is your asking price?
Kamel Al-Harami Further production cuts above the current volume of 1.7 million barrels will not be enough, especially in the absence of any price guidance. …
Read More »Study underway for merger of oil firms: KNPC CEO
Al-Bader stresses company’s keenness to transparency KUWAIT CITY, Feb 6: The CEO of Kuwait National Petroleum Company (KNPC) Waleed Khaled Al- Bader disclosed that study …
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